87
87
Oct 12, 2012
10/12
by
CNBC
tv
eye 87
favorite 0
quote 0
he was talking about info on taxes and the deficit an didn't quite get it. i'm sure you feel the same way. >> i sure do. we spent too much time on foreign policy and not enough on jobs and fiscal responsibility. i think ryan won because vice president biden's demeanor was inappropriate in the first part of the debate. >> what do you mean? >> he laughed, interrupted too much. didn't think he was vice-presidential. i thought he got better in the second half and ryan had a stronger close. the truth is neither has a credible tax plan and romney-ryan better start providing specifics how they will pay for the rate cuts. you can do it because there's about $11 trillion worth of tax expenditures over 10 years and you have to eliminate half of them to pay for it. they haven't provided enough specifics and hurting their credibility. >> put a cap. >> whatever, you have to provide more specificity. >> let me ask david a question. he'll appreciate this. >> the point i want to make is romney last week put a cap on it. in fact, his cap -- original cap was $17,000, and even
he was talking about info on taxes and the deficit an didn't quite get it. i'm sure you feel the same way. >> i sure do. we spent too much time on foreign policy and not enough on jobs and fiscal responsibility. i think ryan won because vice president biden's demeanor was inappropriate in the first part of the debate. >> what do you mean? >> he laughed, interrupted too much. didn't think he was vice-presidential. i thought he got better in the second half and ryan had a...
197
197
Oct 12, 2012
10/12
by
CNBC
tv
eye 197
favorite 0
quote 0
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
193
193
Oct 10, 2012
10/12
by
CNBC
tv
eye 193
favorite 0
quote 0
but 2% gdp growth after you get to an almost 10% deficit spend of $3 trillion out of deficit stimulus, it's not robust growth. what happens in this election is important. clearly people have to get out and vote. what's going to happen on this groundwork and infrastructure of our economy over the next four years is going to be crucial for future generations. >>. no, it's not about infrastructure. it has nothing to do with infrastructure. david, it has to do with mitt romney's brilliant tax reform plan to lower the rates and broaden the base and cap the deductions. we're going to talk about that in the next segment with arthur laffer and jared bernstein. but don't you think there's potential here for a political and economic revolution? and if a pro-growth revolution comes, american entrepreneurs, american small businessmen and women are poised, they are poised to torque up the animal spirits and give this a great lift. i think people in the stock market are missing this, david goldman. >> larry, markets have never been good about predicting elections and discounted them. but the fact i
but 2% gdp growth after you get to an almost 10% deficit spend of $3 trillion out of deficit stimulus, it's not robust growth. what happens in this election is important. clearly people have to get out and vote. what's going to happen on this groundwork and infrastructure of our economy over the next four years is going to be crucial for future generations. >>. no, it's not about infrastructure. it has nothing to do with infrastructure. david, it has to do with mitt romney's brilliant tax...
168
168
Oct 12, 2012
10/12
by
CNBC
tv
eye 168
favorite 0
quote 0
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of nblg that is born by the high income earners. he'll say this $5 trillion plan i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged it wasn't correct. >> well, let's talk about this 20%. you have refused and again, to offer specifics on how you would pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the math? you know what you're doing? >> [ inaudible ]. >> look at what ronald reagan and tip o'neill did, they worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forgo about $
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of nblg that is born by the high income earners. he'll say this $5 trillion plan i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged it wasn't correct. >> well, let's talk about this 20%. you have refused and again, to offer specifics on how you would pay for that 20% across the board tax cut. do you actually have the specifics or are you...
343
343
Oct 11, 2012
10/12
by
CNBC
tv
eye 343
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter "o" and the number zero. also on this half house, the one-night showdown between joe biden and paul ryan, we go exclusively inside how ryan prepped for the big night, and what are the main goals for romney and ryan's camp? what are they, and what do they want to say? let's go to robert costa from the national review online danville, cnbc contributor. the debate sunday way. bob costa as you talked to the romney/ryan people today, what phrases jump out? what do you think he wants to get across in at least a minimal way? >> they want to defend mitt romney's positions. they want to go after the obama economic record and reach out to
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter...
259
259
Oct 11, 2012
10/12
by
CNBC
tv
eye 259
favorite 0
quote 0
if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now? >> that's an important question, because as much as so many people, and i'm one of them, admire simpson-bowles and admire particularly i think the heroic contributions, and they really are, that alan simpson and erskine bowles made to get us close to a the resolution, it is a sweeping tax reform, and historically, tax reform has taken in the modern era years to do. the '86 tax act, the last time we had major tax reform in this country took four years to do, first introduced in '82 and so the idea that in the lame duck session we'll have big tax reform for the first two months of 2013 -- >> bowles and simpson would say get
if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now?...
224
224
Oct 11, 2012
10/12
by
CNBC
tv
eye 224
favorite 0
quote 0
it was an interesting conversation where we talked about the fiscal cliff, resolving the deficit, and got inside goldman's business a bit. a lot of it was concerned with the warnings. >> if we do nothing, next year you'll have the rate of growth slow to somewhere like 3 to 5%. you'll have unemployment go up another 2% to around above 9%, and 2 million more people will lose their jobs. and we're doing nothing about it. >> it's very serious. i think the candidates know how serious it is. i think they're trying to avoid it, maybe in part because it is so consequential and serious. maybe the ideas that would have to be put forward will be unattractive to some people. obviously we're in a position where new discipline is going to have to be imposed. people are going to be disappointed in the consequence. >> they worship the god of re-election. they're figuring that out and how to duck every hot issue before november 6th. then erskine says the whirlpool of $7 trillion is going to hit us like a rainstorm. >> people are never going to understand how critical this particular time in history is
it was an interesting conversation where we talked about the fiscal cliff, resolving the deficit, and got inside goldman's business a bit. a lot of it was concerned with the warnings. >> if we do nothing, next year you'll have the rate of growth slow to somewhere like 3 to 5%. you'll have unemployment go up another 2% to around above 9%, and 2 million more people will lose their jobs. and we're doing nothing about it. >> it's very serious. i think the candidates know how serious it...
233
233
Oct 12, 2012
10/12
by
CNBC
tv
eye 233
favorite 0
quote 0
not support, we need to sit down together, all of us, led by the president, and say, look, here's our deficit, here's our goal, here's the period of time that we have in order to fix it. and here are the measures that have to be on the table, the ones we can agree on, those we disagree on, but we have to come out with a way to so that the bleeding. that means putting everything on the table. now, i oppose -- the fact is that there can be an agreement in my view that we would all have to make some sacrifices. but for me to say i would support this, i wouldn't support that, that's not the way you negotiate. >> but you're saying you won't put the mortgage tax deduction on the table. >> i wouldn't agree to it. but the fact is that there can be an agreement. >> didn't the debt ceiling negotiation show that there simply cannot be a coming to terms between republicans and democrats? each party has their own sacred house that they refuse to budge. >> the president has agreed and boehner had agreed to a certain amount of revenue increases. boehner went to to the white house and the president napded th
not support, we need to sit down together, all of us, led by the president, and say, look, here's our deficit, here's our goal, here's the period of time that we have in order to fix it. and here are the measures that have to be on the table, the ones we can agree on, those we disagree on, but we have to come out with a way to so that the bleeding. that means putting everything on the table. now, i oppose -- the fact is that there can be an agreement in my view that we would all have to make...
234
234
Oct 8, 2012
10/12
by
CNBC
tv
eye 234
favorite 0
quote 0
so depending on which way the electorate goes, you're going to see the deficit reduced either by tax increases or public spending cuts or a bit of both. and i do think the intrenched positions you've had the last year and a half will in the send cause someone to blink, either the administration or congress because ultimately neither will want to push the u.s. into an unnecessary recession next year. the answer is, yes, i expect some compromise. may seem foolish given the behavior of washington in the last few quarters. but having said that, i do think you're going to see some compromise. and ultimately, although it has hurt the market, it won't be too much of a negative going into next year. >> some may argue the more important elections in the next few weeks are the spanish regional elections on the 21st, which may trigger or allow spain to then ask for a bailout. do you think that's the event to watch as opposed to -- earnings season is great, it's not going to be a headwind in your view. but do we really need spain to request a bailout in order for us -- the equity markets to move
so depending on which way the electorate goes, you're going to see the deficit reduced either by tax increases or public spending cuts or a bit of both. and i do think the intrenched positions you've had the last year and a half will in the send cause someone to blink, either the administration or congress because ultimately neither will want to push the u.s. into an unnecessary recession next year. the answer is, yes, i expect some compromise. may seem foolish given the behavior of washington...
130
130
tv
eye 130
favorite 0
quote 0
the federal deficit has hit $1.1 trillion now for fiscal 2012. this is the fourth year in a row. that won't help us, that's for sure. our fourth story, developing story, two suspects from tunisia are being questioned tonight in connection with the murders of chris stevens and three other americans. jill daugherty has been digging into the story and is with us tonight. >> well, on this particular incident, we don't know a whole lot of detail, but we know those two men, they are being questioned in turkey. and the understanding is that they were somehow allegedly tied to the attack in libya. now, they were on the watch list that the u.s. compiled. that was given to the turks and the turks picked them up, apparently came into the country this week and the fbi is hoping they will have some type of access to them. >> questioned them already, but would like to have a chance to. >> right. >> there was also another development today in this investigation. this e-mail between the state department and the team benghazi surfaced. what do we know about that? >> well, this is part of, you kno
the federal deficit has hit $1.1 trillion now for fiscal 2012. this is the fourth year in a row. that won't help us, that's for sure. our fourth story, developing story, two suspects from tunisia are being questioned tonight in connection with the murders of chris stevens and three other americans. jill daugherty has been digging into the story and is with us tonight. >> well, on this particular incident, we don't know a whole lot of detail, but we know those two men, they are being...
94
94
Oct 13, 2012
10/12
by
CNN
tv
eye 94
favorite 0
quote 0
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> never been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible....
124
124
Oct 12, 2012
10/12
by
CNN
tv
eye 124
favorite 0
quote 0
even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven
even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do...
134
134
Oct 12, 2012
10/12
by
CNN
tv
eye 134
favorite 0
quote 0
>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past six years. >> i want to do that right now, erin. the low points of the debate for joe biden and paul ryan. vice president, came around 9:10 p.m. eastern, near the top of the debate. explaining the attack on the u.s. consulate in libya. >> we weren't told we want more security. we didn't know they wanted more security. by the way, at the time, we said exactly what the intelligence community told us, that they knew. that was the assessment. and as the intelligence community changed their view, we made it clear they changed their view. we said we will get to the bottom of this. >> the vice president's lowest momen
>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past...
142
142
Oct 12, 2012
10/12
by
CNN
tv
eye 142
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
109
109
tv
eye 109
favorite 0
quote 0
they've got some deficits they need to overcome. i want to go over a couple other numbers. it's all about the honesty and the truthfulness and then the consistency. let's start with the honest and truthful aspect. there you have obama leading romney 44-39 when it comes to just how honest and truthful you think these candidates are. then when it comes to consistency, which the obama campaign has been hammering away on what they perceive as flip-flops, 47-37. that is what some people, hogan, my dear friend, former intern, which i always like to disclose, is a trust deficit. is it? >> well, so much of american politics is based on do i know you, do i trust you and do i like you? those are some damaging numbers for governor romney for sure. but look, the fact of the matter is he crushed president obama in that debate and these numbers are reflecting what a lot of people saw, and that was a stereotype that had been lined out about governor romney that he was some cold heartless businessman. he turned that on its ear. conversely, one of the stereotypes out for president obama is
they've got some deficits they need to overcome. i want to go over a couple other numbers. it's all about the honesty and the truthfulness and then the consistency. let's start with the honest and truthful aspect. there you have obama leading romney 44-39 when it comes to just how honest and truthful you think these candidates are. then when it comes to consistency, which the obama campaign has been hammering away on what they perceive as flip-flops, 47-37. that is what some people, hogan, my...
163
163
Oct 13, 2012
10/12
by
CNN
tv
eye 163
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why not get buried in something other than work? get two times the points on travel, with chase sapphire preferred. >>> dieters, i guess everybody. >> we're always on a diet somewhere. >> what if i told you could lose weight and still have all the foods you love. i know it sounds too good to be true. >> that's exactly what mark mcdonald teaches. so, we sent mark to the grocery store to show us how with moderation you really can have it all. >> so, right now i'm going to edgeicate you, we're going to educate you as we shop with lexi here how to get the foods that you love quickly, efficiently and affordable. when you look at veggies. you want to get a variety of colors because each vegetable provides you with a different level of antioxidants that help protect your selves and keep your bodies healthy. choose the fruits that you love. make sure that they look fresh and, remember, just get enough that will las
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why not get buried in something other than work? get two times the points on travel, with chase sapphire preferred. >>> dieters, i guess everybody. >> we're always on a diet somewhere. >> what if i told you could lose weight and still have all the foods you love. i know it sounds too good to be...
133
133
Oct 12, 2012
10/12
by
CNN
tv
eye 133
favorite 0
quote 0
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
143
143
tv
eye 143
favorite 0
quote 0
this week it recorded the biggest straight deficit in four years. why? prices of iron ore and coal are down because of china slowing demand. china's unprecedented rise has brought with it a boon for resource-rich countries. as china's growth slows, the party is going to wind down. even the united states is not immune. i was struck by a report in "the wall street journal" this week that said u.s. exports to china of coal used in steel making grew six fold in 2009. they grew six fold again in 2010. 600% rises. but as china's steel industry faces a loss this year, demand for u.s. coal has slowed. that's contributed to layoffs for hundreds of coal miners in the state of west virginia. thousands of miners will have their penguision and benefits reduced. all of these ripple effects lead back to china. to give you a sense of its important, look at the market for metals. according to the world bank, china's consumption of refined metals has jumped 17 times since 1990. its share of global consumption of these metals jumped from 5% to 41%. over the last decade, wh
this week it recorded the biggest straight deficit in four years. why? prices of iron ore and coal are down because of china slowing demand. china's unprecedented rise has brought with it a boon for resource-rich countries. as china's growth slows, the party is going to wind down. even the united states is not immune. i was struck by a report in "the wall street journal" this week that said u.s. exports to china of coal used in steel making grew six fold in 2009. they grew six fold...
124
124
Oct 10, 2012
10/12
by
CNN
tv
eye 124
favorite 0
quote 0
it's deficit reduction. and so when for example he talks about increasing military spending, that comes out of the ledger, as well. we need to have a smarter, more substantive debate across the board with more details. >> as opposed to -- i think that's fair. as to opposed what you're going to do with this line item or that line item. >> i think john makes some good and worthwhile points. here's the thing. in 2008, barack obama said i'm going to expand coverage. he did say that he opposed an individual mandate. in the course of legislative horse trading -- but he didn't promise there would never be an individual mandate. and you're going to see different things emerge. if you're talking about something as big and important as the tax deductions that lots of folks depend on, that's going to be -- >> the tax code. >> exactly. you have to do that with congress and have to get folks on board. democrats as well as republicans on board. >> thanks to both. we appreciate it. let us know what you think. we know a lot
it's deficit reduction. and so when for example he talks about increasing military spending, that comes out of the ledger, as well. we need to have a smarter, more substantive debate across the board with more details. >> as opposed to -- i think that's fair. as to opposed what you're going to do with this line item or that line item. >> i think john makes some good and worthwhile points. here's the thing. in 2008, barack obama said i'm going to expand coverage. he did say that he...
115
115
Oct 12, 2012
10/12
by
CNN
tv
eye 115
favorite 0
quote 0
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
142
142
Oct 12, 2012
10/12
by
CNN
tv
eye 142
favorite 0
quote 0
get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reed, were paralyzed. the romneys didn't know them. they went to the same church, they never met before. mitt asked if he would come over for christmas. he brought his wife and boys and gifts and later said, i know you're struggling, mark. don't worry about their college, i'll pay for it. when mark told me this story, he -- because you know what, mitt romney doesn't tell these stories. he said it wasn't the cash help. it's that he gafe his time and he has consist enltly. this is a man who gave 30% of his
get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a...
132
132
Oct 10, 2012
10/12
by
CNN
tv
eye 132
favorite 0
quote 0
he said he was going to cut the deficit in half. he doubled it. there's no question if he was going to be re-elect, we would see trillion dollar deficits again and again and again. our marshall debt now is almost the same as our total economy, our gdp. this slows down the economy. it makes it harder for businesses to grow and hire more people and to raise wages. so unlike the president, when i finally get this shot, i will cap federal spending. i will cut federal spend and get us on track to a balanced budget. thereby other differences as well. the government is planning on through obama care cutting medicare for our current retirees by $716 billion. i hi that's wrong. i think we must honor the promise made to our seniors. i will restore that funding and make sure we protect medicare. one more thing i'll mention. the president's budget calls for shrinking our military by hundreds of billions of dollars and then the sequestration idea the white house came up with, cuts it another few hundred billion. the secretary of defense has called those kinds
he said he was going to cut the deficit in half. he doubled it. there's no question if he was going to be re-elect, we would see trillion dollar deficits again and again and again. our marshall debt now is almost the same as our total economy, our gdp. this slows down the economy. it makes it harder for businesses to grow and hire more people and to raise wages. so unlike the president, when i finally get this shot, i will cap federal spending. i will cut federal spend and get us on track to a...
1,360
1.4K
Oct 12, 2012
10/12
by
CNN
tv
eye 1,360
favorite 0
quote 0
but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good job. never made herself the center of the debate. >> she started off very strong with benghazi. want to play a little bit about what the vice president said about security in benghazi. >> well, we weren't told we want more security. we did not know they wanted more security. >> explain that to me. a lot of the testimony was, in fact, the, the, the government did know. that, that, that the state department was well aware that there were requests for security. doesn't that completely contradict exactly what we just saw in i think it was wednesday's testimony? >> what the vice president
but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good...
149
149
Oct 11, 2012
10/12
by
CNN
tv
eye 149
favorite 0
quote 0
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on...
175
175
tv
eye 175
favorite 0
quote 0
you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to gut our investments in education or clean energy or research or technology. that is not a jobs plan. that is not a plan to grow the economy. that is not change. that is a relapse. we have been there. we have tried that. we are not going back. we are moving forward. and that's why i'm running for a second term as president of the united states. >> all right. so there's the president of the united states. you get the point. he's really going after the republican
you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll...
178
178
tv
eye 178
favorite 0
quote 0
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life relationships, yes. >> i noticed people used to go to a coffee shop, or a bar, to hang out with people. now, people are chatting on line. is this a real thing? or are we just caught up in this addict society? or an addict nation? because everybody is addicted to something. >> you know it is a new substance to become addicted to. but people who are unable to self-regulate, and experience the withdrawals, it is a very real thing, don. >> so are there people who specialize in the behavior? >> anybody who experiences it can be treated, but look at your own fam
so it creates a type of deficit disorder. so reading something, you're looking, clicking through, moving on, having five screens open at once. and finally, it is replacing real-life relationships and real-life communication skills. it reduces social intelligence and emotional intelligence, because you're just busy taking in information. >> but won't we adjust? i mean, humans adjust, as time progresses you will adjust to it. >> you will adjust to having more faulty real-life...
165
165
tv
eye 165
favorite 0
quote 0
your sleep up, just go to bed a little bit earlier the next night and eventually you'll make up that deficit. >> you can make it up? >> yeah, that's the biggest thing. >> how about napping? does that help make it up? >> napping helps if it's consistent. but if you nap during the day and then it's going to make you go to bed later, so if you're not napping at the same time each day, it's not as good. so ideally, you can make up sleep. just go to bed a little bit earlier, but still wake up at the same time roughly each day. >> so you brought some props with you. these look very familiar to me, i will admit. these are things that can help you sleep better. walk me through some of them. >> it's all about quality. we talk about your sleep is cycles. you have light sleep, deep sleep, then dream, like your rem sleep. ideally, with your light sleep aspect, you want to have a dark environment. dark environment releases the hormone melatonin, which is your sleep hormone. >> that you put over your eyes. >> when it's light out, your body inhibits the release of melatonin. in a quiet environment, you wan
your sleep up, just go to bed a little bit earlier the next night and eventually you'll make up that deficit. >> you can make it up? >> yeah, that's the biggest thing. >> how about napping? does that help make it up? >> napping helps if it's consistent. but if you nap during the day and then it's going to make you go to bed later, so if you're not napping at the same time each day, it's not as good. so ideally, you can make up sleep. just go to bed a little bit earlier,...
155
155
Oct 10, 2012
10/12
by
CNN
tv
eye 155
favorite 0
quote 0
i am going to blow the deficit up even larger. and by the way, all republicans, almost all republicans nationwide said we want to repeal row-wade and now says actually if you elect me, no chance. >> if we get too much caught up on him being moderate or being conservative, i'm not sure that the democrats taking advantage. where they've taken advantage is show him as someone without a consistent point of view willing to say anything because the president has to be someone who makes tough decisions even when they're unpop ulular. we'll see if that plays out. >> the bottom line he is more conservative than president obama. >> are you sure? >> absolutely. and conservatives know with a mitt romney in the white house they will get more conservative judges in federal positions. they will get -- they probably won't get, you know, the executive orders allowing international funding of abortion. that's the choice. >> that is true. of course that's true. but nobody has a problem with someone changing their mind given new information or a new
i am going to blow the deficit up even larger. and by the way, all republicans, almost all republicans nationwide said we want to repeal row-wade and now says actually if you elect me, no chance. >> if we get too much caught up on him being moderate or being conservative, i'm not sure that the democrats taking advantage. where they've taken advantage is show him as someone without a consistent point of view willing to say anything because the president has to be someone who makes tough...
145
145
tv
eye 145
favorite 0
quote 0
tax kuchlt in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stuck stuck speech. he has a five-point stump speech. the first four points are absolutely identical to obama's stump speech. 2, dough mess tech energy, 3, retraining programs, four, domestic. on five they differ. i've long argued that romney is an intelligent man trapped in a party that has forced him to embrace extre
tax kuchlt in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in...
138
138
tv
eye 138
favorite 0
quote 0
because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> why did he blow it? he's such a skillful orator usually. >> it's a paradox. he's a skillful communicator a
because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today....
85
85
tv
eye 85
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> hello. this is george zimmerman. first and foremost, i want to thank you all for visiting the real george zimmerman.com. we relaunched this website to once again thank you, my supporters, my intention was and still is to personally and individually thank you all. however, i wanted to take this opportunity to thank you, the masses. >> george zimmerman thanking his supporters. with me now is his mother,gladys, who asked us to keep her face in shadow to protect her identity and in the studio with me, george zimmerman's brother, robert. welcome to you ag
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on...
166
166
Oct 10, 2012
10/12
by
CNN
tv
eye 166
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. how do you get from here... let's say you want to get ahead in your career. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. >>> i'm frederica wit field in for suzanne malveaux. we're focussing on mitt romney's changing stance on abortion. plus, the wives are more popular than their husbands. could they help sway voters? we're tal
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your...
173
173
Oct 12, 2012
10/12
by
CNN
tv
eye 173
favorite 0
quote 0
get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they never missed a mortgage payment. >> ali velshi is our chief business correspondent. ali velshi, welcome back. unemployment below 6%, to quote you, in your op-ed on cnn money, no more bs, please. care to extrapolate? >> right, so let's put the unemployment number aside for a second. that is a nonpartisan number, that's congressional budget office they say if nothing changed, we would have an unemployment rate of about 6.3% by the end of 2016. the end of the next presidential term. but as we have learned in the last week, the unemployment rate measures different things.
get this deficit and debt under control to prevent a debt crisis. make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses, they're our job creators. >> they get out of the way. if they get out of the way and let us pass the tax cut for the middle class and make it permanent. they get out of the way and let us allow 14 million people who are struggling to stay in their homes because their mortgages are upside down but they...
80
80
Oct 10, 2012
10/12
by
CNN
tv
eye 80
favorite 0
quote 0
. >> in terms of mitt romney surging, just remember how much of a deficit he had to make up. he was in some cases double digits behind the president in all those attributes. >> pull back the reins. >> the media is focusing on one poll. >> that's reaction to the recent batch of polling, including that devastating pew poll that showed a four point romney lead. now consider that pew took an earlier poll in september a couple weeks before the debate, it was the republicans going ballistic when it showed romney eight points down. watch. >> these polls are basically just part and parcel of the campaign for barack obama to help him stay in this game as long as possible. >> if you believe what the polls are saying right now, you've got to believe that there's something huge going on. >> i've said that all along, and i'm willing to say that publicly and stick by it, and i know that that poll, up 15 points, is absolutely invalid. >> people need to understand that the polling this year is the worst it's ever been. >> that is not a legitimate poll in 2012. >> both polls were skewed when
. >> in terms of mitt romney surging, just remember how much of a deficit he had to make up. he was in some cases double digits behind the president in all those attributes. >> pull back the reins. >> the media is focusing on one poll. >> that's reaction to the recent batch of polling, including that devastating pew poll that showed a four point romney lead. now consider that pew took an earlier poll in september a couple weeks before the debate, it was the republicans...
138
138
Oct 11, 2012
10/12
by
CNN
tv
eye 138
favorite 0
quote 0
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will undoubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who watched the last vp contest on tv. it was back in 2008. vice presidential candidates joe biden versus sarah palin. >> nice to meet you. hey, can i call you joe? >> you can call me joe. >> thank you. thank you, gwen. thank you. thank you, thank you. >> say it ain't so, joe. there you go again pointing backwards again. you plefrsed your whole comment with the bush administration. >> say it ain't so, joe. i love that. as mentioned, 70 million people watched that debate. that's 10 million more than last week's debate between the presidential candidates. one woman who know as thing or two about prepping such
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> well, it may just be the vp debate. the second tier battle for the top ticket in the country, but tonight's debate between joe biden and paul ryan will undoubtedly be watched by millions. and while some say a vp debate doesn't hold much sway, you just try telling that to the roughly 70 million people who...
177
177
Oct 10, 2012
10/12
by
CNN
tv
eye 177
favorite 0
quote 1
right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be focused on abortion. it's going to be -- he did not say it was going to be focused on other issues, but obviously it's going to be. that's why he talked about the economy, what voters care about in these 27 days. >> romney was criticized for changing views on key issues and former president clinton had something to say about it. take a listen. >> i had a different reaction to that first debate than a lot of people did. i thought, wow! here is old moderate mitt. where have you been, boy? i missed you all these last few years. just show up with a sunny face and say, i didn't say all that stuff i said the last two years.
right now he's talking about what voters care about, which is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be...